The Presidency: A Modest Millionaire

The political harping, and press
posturing, that Ronald Reagan is extravagant, self-indulgent and
acquisitive is a bad rap. True, he Likes to run with California
millionaires. He is one himself. But, personally, Reagan is quite a
different type.

His richman image ballooned when he accepted four pairs of $1,000
cowboy boots with gold Presidential Seals. Then the White House
announced the purchase (with private donations) of 4,372 pieces of
china for $209,508, or about $ 1,000 a place setting. For politicians,
image is often everything. Just when a President is about to...